Finding The Right Car

By Lyn Henderson

There are many costs associated with buying car. There are many things that are not disclosed to the car buyer that are major concerns on your next car purchase.

Although Toyotas' and Hondas' are more expensive to purchase upfront the cost of ownership is much less. These types of cars require less maintenance. These types of cars rarely breakdown and are very cheap to own.

There are other fees associated with buying a car. If you are buying a car from a dealer make sure that you understand the fees. There are additional fees including dealer doc prep, taxes, title and licensing. Before you buy the car call your local government agency and make sure you know the actual costs of these fees.

Check your local bank or credit unions rates before you talk to a dealer. Take a print out of the current rates so you have written proof of current rates. Dealers will get a kick-back from the lenders by increasing the interest rates.

What dealers actually pay for a car is something that varies per location. Most dealers pay average MMR for vehicles that run through auctions. This average is just below trade-in. The condition of the vehicle and the vehicles title will determine what a dealer will pay.

Make sure you look at the depreciation of the vehicle. If a car depreciates rapidly it is not a good buy. The older the vehicle the less it will depreciate. Toyotas and Hondas depreciate very slowly but Kia and some American made brands have very fast depreciation. - 21396

About the Author:

lyn henderson writes articles for cheap cars cheap and about used cars